March 2020 Dividend Income

Hundred dollar bills in dividend incomeNew dividend income record in a single month BOOM! I enjoy publishing these monthly dividend income reports as I have gained a much better understanding in how much of my passive income is coming in every month and how much it is growing over time. For the month of March I have received a total of 20 diversified direct deposits in the form of dividends straight to my brokerage account. That is an abundance of income streams, now just slowly continue to build the monetary increase to them.

 

 Aflac, Inc. (AFL) $34.16
 Wells Fargo & Co. (WFC) $10.87
 Johnson & Johnson (JNJ) $34.27
 United Parcel Service, Inc. (UPS) $20.20
 3M Co. (MMM) $8.82
 Realty Income Corp. (O) $20.79
 McDonald’s Corp. (MCD) $28.08
 V.F. Corp. (VFC) $8.01
 Waste Management, Inc. (WM) $14.55
 BlackRock, Inc. (BLK) $14.72
 Royal Dutch Shell (RDS.B) $114.68
 The Home Depot, Inc. (HD)  $12.00
 Lockheed Martin Corp. (LMT) $36.26
 Digital Realty Trust, Inc. (DLR) $45.92
 Lamar Advertising Co. (LAMR) $32.00
 PepsiCo, Inc. (PEP) $25.88
 The Travelers Companies, Inc. (TRV) $8.20
 Union Pacific Corp. (UNP) $45.05
 Vanguard REIT Index Fund (VNQ)  $49.11
 Vanguard High Dividend Yield Index Fund (VYM) $76.98
Total $640.55

 

When statistically comparing last years dividend income total from March 2019 to March 2020, it represents a positive 13.2% for a year over year increased dividend income growth.

The dividend income page has been updated accordingly.

4 Comments

  1. EngineeringDividends on May 2, 2020 at 14:28

    Hey DV,
    Congrats on the record dividend income in March. I share 9 companies with you… quite a few I’d say.
    Sorry to hear about the RDS dividend cut. It’s got to hurt given that it was your biggest dividend payer in March. Hopefully, the cut will be short-term in nature and that dividend comes back stronger than ever.
    I came close to initiating a position in WM when it dipped under $90, but missed it. Maybe I’ll get another chance, and hopefully I’ll have the cash on hand to act. Take care.

    • DividendVet on May 5, 2020 at 11:32

      Much appreciated!

      No worries on RDS.B, I’ve actually bought some more in $25 and $30 area and continue to hold long term as I find this a great company and brand to won. What I don’t like is possibly management, especially CEO Ben van Beurden who has done terrible job managing buyback program for the company leaving the balance sheet weak which resulted in a historical WW2 dividend reduction of 66%.

      I also bought some WM under $90 per share, phenomenal company!

      Great hearing from you.

  2. Thomas Gill on April 8, 2020 at 12:48

    Hello I am also a fellow vet. Thanks for serving. I was wondering how much do you invest each month and how long have you been investing? I am just restarting my dividend journey.

    • DividendVet on April 8, 2020 at 15:18

      Hello, and it is a great honor to serve or have served.

      To your question it really depends on numerous factors. For me, I usually buy shares in a business when there is good deals based on stock evaluation metrics. The placing of money down and investing to receive a certain dollar amount regularly needs to make sense. I have stopped buying anything since last year (2019) as I have had this bad feeling of the trajectory of the whole market. I have accumulated funds over time. Now is a whole different story, I have bought so many more stocks on HUGE once in a life time type discounts. I much prefer this type of fire sale, though research has been done that regular investing is very good as well for long term.

      Take care

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